12.09.2019 - Bouts of optimism have unravelled very quickly due to the erratic and unpredictable nature of the U.S.-China trade negotiations, which "ensures a lingering air of caution over global markets, even as risk assets are given another opportunity to make hay while the sun shines," Han Tan, market analyst at FXTM said in a note.

10.09.2019 - “A figure that prints above market expectations should soothe concerns over the health of South Africa’s economy ahead of credit rating by Moody’s in November,” Lukman Otunuga, senior research Analyst at FXTM, said in a note.

03.09.2019 - “There was a collective sigh of relief across the South African economy after economic growth surprised by expanding during the second quarter of 2019,” said Lukman Otunuga, senior research analyst at FXTM. “The encouraging GDP figure is unlikely to derail the South African Reserve (SARB) from cutting interest rates in an effort to stimulate domestic consumption and growth.”

23.08.2019 - “Policymakers and investors remain cognizant of the economic headwinds that are gathering force, given that the U.S.-China trade conflict threatens to drag on for longer,” said FXTM market analyst Han Tan.

20.08.2019 - Lower U.S. interest rates put pressure on the dollar and bond yields, increasing the appeal of non-yielding bullion. “While the improving market mood has the potential to send the precious metal lower in the near term, the medium to longer term outlook remains bullish,” FXTM analyst Lukman Otunuga said in a note.

16.08.2019 - “Positive risk-on sentiment has tried to make a return... There is some demand for the dollar and some confidence over the health of the U.S. economy especially after yesterday’s impressive retail sales figure. All this is weakening demand for gold today,” said FXTM analyst Lukman Otunuga... However, key macro fundamentals supporting the appetite for gold remain firmly intact, with lower interest rates across the globe and many central banks jumping aboard the global policy easing bandwagon, Otunuga added.

13.08.2019 - On the technical front, “a solid breakout and daily close above the $1525 level is likely to inject gold bulls with enough inspiration to challenge $1,550,” FXTM analyst Lukman Otunuga said in a note.

05.08.2019 - “Markets had not been expecting the latest US-China trade talks to conclude with any significant breakthrough last week, but very few expected President Trump to slap 10% tariffs on $300 billion worth of Chinese goods,” said Hussein Sayed, chief market strategist at FXTM.

01.08.2019 - U.S. Fed Chairman Jerome Powell sent “mixed messages” with his forward guidance when he cut U.S. rates by 25 basis points, the first cut since the global financial crisis in 2008, FXTM analyst Lukman Otunuga said. “The key takeaway that is causing gold to trade lower is that Powell said it’s not the beginning of a long series of rate cuts. Markets are now questioning whether it’s a one-and-done (step),” he added.

29.07.2019 - “Both parties know they are running out of time to prevent a sharper slowdown in the global economy. However, given the past experiences, investor sentiment isn’t too high,” said Hussein Sayed, chief market strategist at FXTM.

26.07.2019 - “The Brexit impasse has already reared its ugly head, just days into Boris Johnson’s tenure as UK prime minister ... The deadlock appears to solidify market concerns over the prospects of a no-deal Brexit, keeping the Pound rooted around the $1.24 mark against the U.S. dollar,” said Han Tan, analyst at FXTM.

19.07.2019 - “Although central banks around the world have embarked on policy-easing in a bid to support their respective economies, investors are left to ponder whether the stimulus will be enough to offset the effects from heightened U.S.-China trade tensions,” said Han Tan, market analyst at FXTM.

11.07.2019 - “A break above $1,438 may lead to further buying orders with $1,500 being the next level traders looking to target,” Hussein Sayed, chief market strategist at FXTM, wrote in a research note.

18.06.2019 - The fact that investors remain concerned over trade tensions impacting global growth and that the major central banks across the world are adopting a more dovish stance, the environment looks good for gold to continue shining, said Lukman Otunuga, research analyst at FXTM... “The first key level of interest this week will be $1,350, should we see a solid weekly close above this level gold has the potential to actually attack at least $1,400 by the end of 2019,” Otunuga added.

12.06.2019 - “Technical traders are likely to closely monitor how prices behave above the $1,324 support level this week. Should this prove to be reliable support, the next key level of interest for gold could be found around $1,347,” Lukman Otunuga, research analyst at FXTM, said in a note.

23.05.2019 - “With both Brexit uncertainties and U.S.-China trade tensions threatening to inflict more damage on the EU economy, any post-election reprieve... would likely prove short-lived,” said Jameel Ahmad, global head of currency strategy and market research at online trading platform FXTM.

14.05.2019 - “Gold is turning bullish on the daily charts as prices have broken above the previous higher low at $1,290,” Lukman Otunuga, research analyst at FXTM, said in a note, adding, “a solid breakout and daily close above $1,300 is likely to encourage a move higher towards $1,310 and $1,324, respectively.”

12.04.2019 - “The rand is on route to securing its second straight week of gains against the dollar despite disappointing domestic economic data weighing on sentiment,” said FXTM research analyst Lukman Otunuga in a note.

05.04.2019 - “It is becoming increasingly more concrete and clear that both sides want to secure a deal, hence the optimism is advancing that the outcome of a signed trade deal is moving toward a matter of ‘when’ and not ‘if’,” said Lukman Otunuga, research analyst at FXTM.